The state government is thinking of allowing developers to sell a certain percentage of affordable units priced between RM200,000 and RM400,000 to buyers who do not meet the financial requirements. Penang Housing, Town, & Country Planning Committee chairman Jagdeep Singh Deo said these buyers were not eligible to be on ... Read More

The Penang government will consider introducing additional affordable housing categories into the property market. State housing committee chairman Jagdeep Singh said these units will be priced at between RM120,000 and RM150,000 because purchasers were finding it difficult to secure loans for affordable housing units currently priced between RM200,000 and RM400,000 ... Read More

Property developers are still faced with operational issues that come with the implementation of the Goods and Services Tax (GST), after the consumption tax came into force four months ago. In a forum to address this issues at the recently concluded Fiabci-Penang International Roundtable Property Conference 2015, Ernst & Young ... Read More

A proposed guarded residential development by Asas Dunia Bhd. in Bukit Mertajam, Penang. It is located next to Taman Jernih, only a short drive away from Maju Jaya Business Center. Other neighbouring communities include B Garden, Taman Alma & Taman Permata. This development comprises: 3-storey bungalow (2 units) 3-storey semi-detached, ... Read More

We tend to forget the meaning of community living while climbing the career ladder to put food on the table and the kids through private school. Urban Malaysians live in private spaces, outsourcing our community responsibilities to our maids and elected representatives. In fact, we outsource everything outside our own ... Read More

Ramah Pavilion has again proven to be the busiest affordable housing projects in town with nearly 12,000 views last month. This project has always been in the top 4 since January 2015. Sandiland Foreshore, a newly introduced affordable housing projects in Georgetown has taken the third spot. Ramah Pavilion One ... Read More

The Penang state government will allow applicants of affordable housing units to select affordable housing projects in the state, following suggestions from property players for the move. Speaking at a roundtable session during the Fiabci-Penang International Property Conference (PIP) 2015 yesterday, Penang state executive councilor for Housing and Town and ... Read More

Why developers cannot afford to build affordable houses Imagine you were offered a job with a salary which was insufficient to cover all your basic expenses like food, childcare, petrol and mortgage. Would you take the offer? I believe the immediate response to the question would unanimously be “No!” More ... Read More

Affordable housing remains a key priority for the Penang state government, which has embarked on 12 affordable housing projects in all five districts of the state, which will see some 22,512 units of affordable housing being delivered within the next 15 years. Penang Chief Minister Lim Guan Eng (pictured) said ... Read More

The SMJK Heng Ee branch in Jalan Sungai Tiram 1 in Bayan Lepas, Penang, will be able to take in 3,000 students once it is ready in 2018. Construction of the RM50mil school project has entered its second phase with a six-storey academic building costing RM20mil. It will have 96 ... Read More